The dollar index fell to about 101.3 after the US midterm elections, which gave Democrats gains in Congress. Markets are pricing a 79% chance of a Fed rate hike in December, and oil prices fell as the election reduced the likelihood of renewed US strikes on Iran.
The lira traded between 50.01 and 50.05 per dollar ahead of the US jobs report.
Lower oil prices and a softer dollar reduce energy and import costs for feed producers, while the pending jobs report could move rate expectations and commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.